Six years ago, ABC Company invested $41,136 in a new machinery. The investment in net working capital was $4,135 which would be recovered at the end of the project. Today, ABC Company is selling the machinery for $20,955. Today, the book value of the machinery is $14,157. The tax rate is 34 percent. What are the terminal cash flows in Year 6?<\/p>
Enter your answer rounded off to two decimal points. <\/p>", "transcribed_text": "", "related_book": { "title": "Auditing and Assurance Services", "isbn": "978-1259573286, 1259573281, 978-1260152166", "edition": "7th edition", "authors": "Timothy Louwers, Allen Blay, David Sinason, Jerry Strawser, Jay Thibodeau", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/1263.jpg", "uri": "\/textbooks\/auditing-and-assurance-services-7th-edition-1263", "see_more_uri": "" }, "free_related_book": { "isbn": "9387964884", "uri": "\/textbooks\/textbook-on-novel-drug-delivery-system-1st-edition-978-9387964884-266858", "name": "Textbook On Novel Drug Delivery System", "edition": "1st Edition" }, "question_posted": "2024-06-28 04:48:51", "see_more_questions_link": "\/study-help\/questions\/business-banking-2021-September-12", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/what-are-three-stages-in-an-audit-engagement-when-analysis", "description": "What are three stages in an audit engagement when analysis is used?", "stars": 3 }, { "url": "\/study-help\/psychology\/in-your-opinion-to-what-extent-should-the-use-of-1983148", "description": "In your opinion, to what extent should the use of evidence-based practice be required for clinical psychologists?", "stars": 3 }, { "url": "\/in-1999-andreas-halvorsen-david-ott-and-brian-olson-formed", "description": "In 1999, Andreas Halvorsen, David Ott, and Brian Olson formed a hedge fund, Viking Global Investors LLC. The LLC's written agreement provided that the three founders would operate Viking, and divide...", "stars": 3 }, { "url": "\/study-help\/questions\/please-help-solve-all-of-this-thank-you-so-much-9850670", "description": "PLEASE HELP SOLVE ALL OF THIS! THANK YOU SO MUCH 2 The following tables contain financial statements for Dynastatics Corporation. Although the company has not been growing, it now plans to expand and...", "stars": 3 }, { "url": "\/study-help\/questions\/help-please-inventory-turnover-and-number-of-days-sales-in-1705752", "description": "help please. Inventory turnover and number of days' sales in inventory Financial statement data for years ending December 31 for Tango Company follow: 20Y7 20Y6 Cost of goods sold $3,864,000...", "stars": 3 }, { "url": "\/study-help\/questions\/all-problems-must-be-formatted-correctly-in-the-report-to-1024414", "description": "All problems must be formatted correctly in the report to obtain full points. Code must be well commented on and sectioned. Any information missing from the report or the simple act of typing out...", "stars": 3 }, { "url": "\/study-help\/questions\/give-a-specific-example-of-how-corporate-aviation-has-helped-1006110", "description": "Give a specific example of how corporate aviation has helped a company or organization. (See the Learn section for links concerning corporate flight departments). Consider businesses or even how...", "stars": 3 }, { "url": "\/study-help\/questions\/2-1-outline-the-key-principles-of-effective-negotiation-988555", "description": "2 . 1 Outline the key principles of effective negotiation skills in the context of suppliermanagement. Discuss how these principles contribute to achieving mutuallybeneficial outcomes in supplier...", "stars": 3 }, { "url": "\/study-help\/questions\/firm-for-this-operation-fresh-made-will-still-use-its-1008104", "description": "firm for this operation. Fresh Made will still use its own dechaffing operation as much as possible, but it can purchase additional capacity from this outside firm for $75 per hour. Should Fresh Made...", "stars": 3 }, { "url": "\/study-help\/questions\/c-problem-3-16-pts-on-each-of-the-cells-1025206", "description": "c) Problem 3 (16 pts): On each of the cells below, draw a unique plane from the family of {111} planes and all the directions from the (I 10) family that lie in each plane. These constitute the...", "stars": 3 } ], "next_back_navigation": { "previous": "\/study-help\/questions\/f-4243240", "next": "\/study-help\/questions\/on-october-29-2014-lobo-co-began-operations-by-purchasing-4243242" }, "breadcrumbs": [ { "name": "Study help", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers" }, { "name": "Business", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers\/business" }, { "name": "Accounting", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/business-accounting" }, { "name": "Six years ago, ABC Company invested $41,136 in a new machinery. The", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/six-years-ago-abc-company-invested-41136-in-a-new-4243241" } ], "skill_details": { "skill_id": "9", "skill_name": "Accounting", "parent_id": "1" } }1" } }